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Peoria Standard

Tuesday, November 26, 2024

Fulton County collects $777,932 in Countywide Sales Tax in 2022

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Fulton County taxpayers paid $777,932 in Countywide Sales Tax in 2022, according to Illinois tax records.

This figure marks a significant increase from the previous year, where Countywide Sales Tax collection stood at $718,086.

The Countywide Sales Tax, a crucial revenue stream, is primarily allocated for county governments use.

Despite fluctuations in tax collection, Illinois continues to be one of the highest-taxed states in the U.S. According to a Wallet Hub study from March 2023, the state ranked as having the highest tax burden, approximately 39.83% above the national average.

Illinois governor J. B. Pritzker is accused of adding more than $5.2 billion in new or higher taxes since coming into power in early 2019. As a business owner, he has a fortune of more than $3 billion, largely based on his family's wealth and connections.

Countywide Sales Tax Collected in Fulton County Over Last 4 Years
YearAmount Collected% Change from Previous Year
2022$777,9328.3
2021$718,08625.6
2020$571,565-0.1
2019$572,056-9.9

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